Hemisphere Energy – Updates on the polymer flood at the Atlee Buffalo G Pool, fall drill campaign, and debt reduction
Cory
October 19, 2021
Don Simmons, President and CEO of Hemisphere Energy (TSX.V:HME – OTCQB:HMENF) joins us to provide an update on the transition to a polymer flood at the Atlee Buffalo G Pool and the current drill program totaling 3 new wells.
We have Don focus on the estimated production growth by changing to the polymer flood and when the production data will be in. When it comes to the drill program, the Company will be drilling three new wells, all just starting production.
if you have any follow up questions for Don please email us at either Fleck@kereport.com or Shad@kereport.com.
Click here to visit the Hemisphere Energy website and read over the recent news.
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Oct 19, 2021 19:04 PM
Draws In Product Inventories Offset Rising Crude Stocks
By Julianne Geiger – Oct 19, 2021
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“The American Petroleum Institute (API) on Tuesday reported its fourth straight week of crude oil inventory builds. The week, according to the API, the build was 3.294 million barrels-strong.”
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“U.S. crude inventories are still 63 million barrels below where they were at the beginning of the year.
Analyst expectations for the week were for a build of 2.233-million barrels for the week.”
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“In the previous week, the API reported a surprise build in oil inventories of 5.213-million barrels, compared to the 140,000 barrel build that analysts had predicted.”
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https://oilprice.com/Latest-Energy-News/World-News/Draws-In-Product-Inventories-Offset-Rising-Crude-Stocks.html